Business Details
50+ Years
experience
Your Trusted Partner for Business Brokerage Solutions
Calhoun has served as a trusted intermediary for buyers and sellers for over a century, specializing in small- to mid-sized business transactions. Founded in 1908 by pioneering real estate broker Nellie Mason, we combine deep industry expertise with personalized service to guide clients through complex business sales, mergers and acquisitions, and commercial real estate deals. Our team of seasoned professionals averages over a decade of experience, delivering tailored strategies that maximize value while prioritizing client needs.With a focus on integrity and relationship-building, we leverage an extensive network to connect buyers with opportunities and help sellers transition their legacies to capable hands. Our comprehensive services span valuation analysis, marketing strategy development, buyer qualification, and transaction coordination, ensuring smooth processes from initial consultation to closing. Headquartered in Edina, Minnesota, we serve the upper Midwest while maintaining global reach through strategic partnerships.
Services
Business Brokerage
Mergers & Acquisitions
Commercial Real Estate
Business Valuation
Exit Planning
Details
- Year established: 1908
Highlights and features
- 100+ years of experience in business brokerage and M&A advisory
- 23 experienced brokers with average 10+ years tenure
- No upfront seller fees for standard brokerage services
- Extensive network connecting buyers with qualified opportunities
- Proven process with 63 average annual deals closed
What people say
Great to work with
Best value for business
Highly recommend
Handled complexities professionally
Brought lots of buyers
Services
Business Brokerage
Our experienced brokers facilitate business ownership transitions through personalized representation. We help sellers maximize value while connecting qualified buyers with suitable opportunities. With 63 average annual deals closed, our proven process includes valuation analysis, marketing strategy, buyer qualification, and negotiation support.
Mergers & Acquisitions
Specialized advisory services for business combinations and acquisitions. Our team guides clients through strategic planning, target identification, due diligence, and transaction execution. We represent both buyers seeking growth opportunities and sellers preparing for exit strategies with businesses valued over $1 million.
Commercial Real Estate
Full-service commercial real estate solutions covering property sales, acquisitions, and leasing. Our agents handle retail, office, and industrial properties typically valued between $1 million and $50 million. We provide market analysis and transaction coordination for business-related real estate needs.
Business Valuation
Comprehensive business valuation services using income-based, asset-based, and market comparison approaches. We help owners understand their company's worth through detailed financial analysis and market positioning assessment to support informed decision-making for sales or growth strategies.
Exit Planning
Strategic planning services for business owners preparing for ownership transition. We develop customized exit strategies considering financial goals, tax implications, and succession options. Our guidance helps ensure smooth transitions while maximizing value retention for departing owners.
People
Nellie Mason
Founder
Pioneering real estate broker who established Calhoun in 1908 with a commitment to integrity and service that continues to guide the firm's operations today.
Brian Aagaard
Experienced business broker with extensive local market knowledge, providing personalized guidance to clients through complex business transactions and ownership transitions.
Mike Bartholow
Seasoned broker offering strategic advice to business buyers and sellers, leveraging deep industry connections to facilitate successful transaction outcomes.
Katie Black
Dedicated business intermediary providing comprehensive brokerage services with a focus on understanding client needs and delivering tailored solutions.
Steve Bragg
Experienced transaction specialist serving business owners in the upper Midwest region with professional representation during buying and selling processes.
Questions
What business types do you handle?
We specialize in small- to mid-sized businesses across various industries including retail, manufacturing, professional services, and commercial real estate.
How long does the selling process take?
Average time to close varies by business type but our efficient process typically completes transactions within 1-6 months from listing.
Do you charge upfront seller fees?
No upfront fees are required for standard brokerage services - our compensation comes from successful transaction completions.
What areas do you serve?
While headquartered in Minnesota, we serve the entire upper Midwest region with nationwide and international transaction capabilities through our network.
How do you determine business value?
We use multiple valuation approaches including income-based analysis, asset evaluation, and market comparisons to determine accurate business valuations.
Can you help with business purchases?
Yes, we assist buyers in finding suitable businesses, evaluating opportunities, and negotiating favorable purchase terms across our listed industries.